I have a friend in New York who says Real Estate keeps going up. Not sure I believed him but apparently it's true.

 

Submitted: Jul 3, 2007    Views: 334    Comments: 3    Likes: 8   


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Comments Received:

William Li
William_Li

In New York, like everywhere, developers will not control themselves and will overbuild leading to a pronounced decline within the next couple of years.

Posted: Jul 4, 2007

Marc Walther

Real estate is like gravity. Eventually it will have to come down. Nothing goes up forever. But, enjoy it while you can.

Posted: Jul 5, 2007

AronLiv
AronLiv

Historically, real estate on the coasts dramatically outperforms all other asset classes. People have been talking about a dramatic correction in San Francisco as long as I have been here (5 years) and it hasn't happened yet. There may be a correction, but the long term prognosis for real estate of the coast is good.

Posted: Jul 5, 2007



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